nd of 2030. cellcentric BZA150 fuel cell system cellcentric NextGen fuel cell systemSource: cellcentric   ElringKlinger and OPmobility's joint venture, EKPO, showcased the next-generation NM20 fuel cell stack module, which it unveiled at IAA Transportation 2024. The NM20 module is EKPO's most powerful fuel cell stack, producing 400 kW with a 50% higher power density compared to its predecessor. The module has an integrated cell voltage...

Market & Tech Reports  Updated at: 2025/05/29

have been added to this report. As for commercial vehicles, the explanation will be limited to the types of drum brakes and the vehicle models to which they apply.   In general, the braking force ratio in four-wheeled vehicles is distributed at a 7:3 ratio, 7 at the front and 3 at the rear. Since most vehicles have a front-wheel-drive (FWD) layout, disc brakes are adopted for nearly 100% of all FWD vehicles. In addition, disc type brakes are ad...

Market & Tech Reports  Updated at: 2025/05/29

) will be implemented, and sales of hybrid vehicles will be permitted until 2035, so attention will be focused on how this will affect future sales.   In the U.S., sales were down 16.8% m/m and up 1.0% y/y to 130,000 units. The impact of the additional tariffs on automobiles is expected to be felt most significantly after June, when manufacturers begin clearing out the inventory they had built up before the additional tariffs were imposed. Addit...

Market & Tech Reports  Updated at: 2025/05/26

ced in February 2025, six BEV models will be introduced in Japan and four in India and Europe by FY2030. In November 2024, Suzuki Motor Corporation (Suzuki) already announced its first mass-produced EV, the “e VITARA”. Production is scheduled to start in the spring of 2025 at Suzuki’s Gurgaon Plant in India, with sales to begin in India, Europe, and other countries around the world from the summer onwards. In July 2024, Suzuki Motor Corpor...

Market & Tech Reports  Updated at: 2025/05/15

Thailand: Tax Incentives for PHVs, HVs, and MHVs in addition to EVs Chinese OEMs expand EV production; Changan, Chery to start up new plants Summary Thai government policies: Tax incentives for HVs, MHVs, and PHVs EV sales in Thailand slow in 2024, HV sales grow 1.5-fold Chinese OEMs: Launching HV and PHV models in addition to BEVs Chinese OEMs: BYD and GAC Aion start operation of EV plants in Thailand Thai production in 2025 is expected to incre...

Market & Tech Reports  Updated at: 2025/05/12

vehicles as a percentage of total U.S. sales U.S. sales ranking by OEM Parts procurement status for major models US Sales Share by Segment (2024) (Source: MarkLines Sales Volume Dashboard )   In the midst of successive announcements of additional tariffs by the Trump administration, the most impactful on the automotive industry is the additional 25% tariff on automobiles and automotive parts based on Section 232 of the 1962 Trade Expa...

Market & Tech Reports  Updated at: 2025/05/02

ted cars and 20% of total sales in 2024.   By segment, demand for SUVs and pickup trucks is gradually expanding, and companies are continuing to strengthen their offerings to meet this demand.   In terms of market share by manufacturer, Nissan and GM remain in first and second place, and in 2024, most automakers increased their sales volumes in line with market expansion, with Toyota and Mazda recording record sales in Mexico. Chinese OEMs, sho...

Market & Tech Reports  Updated at: 2025/04/30

later expanded from not only the driver’s seat, but to the passenger seat as well.   Airbags, when used in conjunction with seatbelts, provide greater occupant protection, and thus are being adopted not only in the U.S. market, but also in Europe and Japan. Airbags are now standard equipment on most models in the major industrialized countries of Japan, the U.S., and Europe.   With the rate of airbag installation expected to increase in emer...

Market & Tech Reports  Updated at: 2025/04/24

n 2024: Alternative fuel vehicles for logistics (Nov. 2024)ReVision AD, ADAS & SDV Summit 2024 (Nov. 2024)Level 4 Autonomous Driving for Heavy-duty Trucks on Expressways (Apr. 2024)     Mr. Shigeru Okitsu, General Manager Strategic Mobility Planning Dept., Isuzu Motors Limited (Isuzu)   Isuzu's most pressing priorities are to improve logistics efficiency, such as loading rates, and to address the driver shortage. The loading rate has remained...

Market & Tech Reports  Updated at: 2025/04/18

sure to localize assembly, alongside deferred consumer demand amid limited peace prospects. China In March, Chinese PV sales (i.e., wholesales) recorded 2.4 mn units, a record high for the month, and an increase of 11% YoY. In YTD terms, PV sales stand at 6.0 mn units, an increase of 12% YoY. The most recent monthly result has been supported by stronger retail sales. The Chinese government has strengthened its market stimulus measures this year...

Market & Tech Reports  Updated at: 2025/04/18

e: MarkLines research   The situation in the U.S.: In 2024, General Motors Company (GM), the VW Group, Honda Motor Co., Ltd. (Honda), Tesla, Geely (Volvo), and others launched new BEV models, and their share of the market is increasing, but the ratio of AT to total light vehicle sales remains almost unchanged from 65% in 2023 to 64% in 2024. Although non-Japanese manufacturers are increasing the number of CVTs and DCTs, mainly for HEVs, ATs w...

Market & Tech Reports  Updated at: 2025/04/15

 Automotive Sales Dashboard  Hyundai Motor Group's passenger vehicle sales have remained at the 6-7 million unit level since 2011. By country, sales in the United States were 688,000 units in 2004, growing to 1.708 million units by 2024. The Chinese market, where Hyundai Motor Group sold the most cars since 2012, began to decline after 2017 and has remained at around 400,000 units since 2022. Sales volume in the Korean market has remained ...

Market & Tech Reports  Updated at: 2025/04/07

ount calculated by taking into account the effects of inflation if the company were to procure all batteries itself, by leveraging this collaboration. Assuming that the sales ratio of BEVs will be 25% in 2030, at approximately 400,000 units, and including investment for the opening of the Iwakuni Plant, it is expected that development investment will be reduced by 40% and development efficiency by 50%, including the initial assumptions. Rathe...

Market & Tech Reports  Updated at: 2025/04/01

Indonesia International Motor Show 2025 (IIMS 2025) Chinese OEMs, Japanese OEMS, Hyundai, VinFast exhibits; charging network Summary Wuling: Top in local EV sales with launch of Air EV and Cloud EV BYD: Promoting the Sealion 7, local plant to start production in January 2026 GAC Aion: Aion V debut Chery: Unveiling Tiggo, Jaecoo, Omoda, and Jetour electric vehicles Geely: Re-entering the Indonesian market with CKD production of the EX5 Honri: Maki...

Market & Tech Reports  Updated at: 2025/03/31

ic mobility and alternate fuels. The expo also saw participation from new entrants like Omega Seiki, Montra, and Eka Mobility, who introduced their eco-friendly and innovative commercial vehicles.   The event clearly marked a significant shift towards smart mobility and sustainable solutions, with most new product launches being electric. Taking inspiration from passenger vehicle trends, Indian OEMs are now integrating ADAS technologies and smar...

Market & Tech Reports  Updated at: 2025/03/27

spans more than 18,000 square meters and includes clean rooms, office space, and labs for quality assurance and manufacturing. Up to 400 employees are expected to work at the site in the next few years. Bosch owns a total of approximately 100,000 square meters of land on mainland Penang. With a new plant and a total of 4,200 employees, Penang is now Bosch's largest base in Southeast Asia. The new test center will join the company's current locati...

Market & Tech Reports  Updated at: 2025/03/21

also saw participation from prominent electric two-wheeler manufacturers and startups. However, some established electric two-wheeler manufacturers chose to skip the event. Similar to the ICE two-wheeler sector, there were limited new launches from well-established electric two-wheeler brands, with most OEMs showcasing their existing lineups or recently launched models.   Most electric two-wheeler manufacturers were startups or emerging companie...

Market & Tech Reports  Updated at: 2025/03/13

consecutive years Summary Revenues and sales: Revenues exceed CNY 480 billion, jumping to second in passenger car sales in China Core Technology: Shift from electrification to intelligent vehicles; accelerating AI Overseas Trends: No. 1 in passenger car exports for 22 consecutive years, building a plant in Spain Chery Group's sales volume in China (factory shipments) GlobalData Sales Forecast: Chery Group to Sell 2.45 Million Light Vehicles in 2...

Market & Tech Reports  Updated at: 2025/03/07

rs in India (3) 78 companies (Oct. 2024) Electric Two-wheelers in India (2) Major start-ups (Sep. 2024) Global Motorcycle Production and Sales: India, China, and ASEAN Overview (Sep. 2024) Electric Two-wheelers in India (1) Policies and Market Overview (Jul. 2024) Indian two-wheeler production and plant capacity analysis (Jun. 2024) Bharat Mobility Global Expo 2024 (2) Two-wheelers in India (Mar. 2024) Bharat Mobility Global Expo 2025: Archive...

Market & Tech Reports  Updated at: 2025/03/06

y revising electrification strategy due to declining demand for EVs. BEV, PHV, and MHV available for major models, consolidating platforms into five types Expanding EV production: Assembling internal combustion engine vehicles, EVs, and PHVs on the same production line Started production at battery plant with LGES, to build lithium iron phosphate battery plant with CATL Citroen C5 Aircross Concept (C-segment SUV exhibited at the 2024 Paris ...

Market & Tech Reports  Updated at: 2025/03/05